Category Archives for "Nightly Newsletter"

Overshoot Trading Strategy – Better Levels, Precise Entries

Overshoot Trading Strategy - Better Levels for More Precise Entries

You could tell markets were anxious today because the price-action was filled with narrow ranges and fake-out breakouts…

Those annoying FOBO’s are important clues, because you can measure them and use them as key support & resistance levels for your entry set-ups…

So tonight, we’re talking about how to use “overshoots” to pinpoint the best support & resistance levels I’m watching for Thursday – are you ready?

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Trading the Extremes, 3 Setups to Plan For

Trading the Extremes, 3 Setups to Plan For

We saw some incredible price-action today with lots of reliable opportunities, but as I look forward to Wednesday, I can see a challenge on the horizon – we’re trading at the major extremes…

With Gold sitting on it’s weekly low, the Emini and Crude Oil re-testing the blood-bath highs, we assume these price levels have a lot at stake for tomorrow…

Whenever I find myself trading at the extremes, I know I need to stay patient, because rookies will often get too aggressive in these locations, which gives a patient professional the opportunity to capitalize – are you ready? Let’s go…

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Price-Action Strategy, Listen to the “Story”

Price-Action Strategy, Listen to the “Story”

We started the week with another volatile session, telling me to make small adjustments in my trade management, and gets me excited for another great week of opportunities ahead…

But with all this volatility and scary news headlines, it’s easy to lose your focus on what’s important…

The key is to “listen to the story” being told in the price-action, because the “story” provides clarity, and most importantly, it tells me exactly where to find the best set-ups for Tuesday – are you ready?

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February 26, 2020

Trading with Confluence; Better Levels = Better Results

Trading with Confluence, Better Levels = Better Results

We’ve seen incredible volatility this week, and with the lingering threat of this coronavirus, combined with the end of month jitters, we can certainly expect more big moves on Thursday…

And with increased volatility comes the need to choose our trades wisely, focusing on the most reliable support & resistance levels to keep us out of trouble…

What are the most reliable support & resistance levels? I call them “confluence levels”, and I’m leaning on those tomorrow morning – are you ready?

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